Binance, the world’s largest crypto change, is poised to lose its capability to serve EU purchasers after its Greek MiCA license utility faces rejection, Reuters reported on June 16, 2026. Two sources accustomed to the matter instructed Reuters that Greece’s Hellenic Capital Market Commission (HCMC) is ready to show down the utility. The determination, if…
Coinbase (COIN) CEO Brian Armstrong has referred to as on the U.S. authorities to revisit its accredited investor framework, arguing that wealth-based thresholds make it successfully “unlawful to get richer except you’re already wealthy.” Armstrong made the case on X after Space Exploration Technologies Corp. (NASDAQ: SPCX) debuted publicly this month. The rocket firm stayed…
India has blocked Telegram nationwide till June 22 after the National Testing Agency stated dishonest rackets allegedly used the platform to defraud candidates forward of the NEET medical entrance re-examination set for June 21. The Ministry of Electronics and Information Technology issued the order underneath Section 69A of the Information Technology Act. That provision lets…
Bipartisan negotiations on the CLARITY Act fractured on two fronts concurrently final week. A closed-door ethics session collapsed Tuesday with out settlement, and a White House-convened regulation enforcement assembly on Section 604 ended Wednesday with no decision. According to Fox Business correspondent Eleanor Terrett, the July 4 passage deadline is logistically useless. With solely 31…
The combat over prediction markets is changing into a critical jurisdiction battle. TL;DR The CFTC and New Mexico are clashing over who will get to police prediction markets. New Mexico argues Kalshi-style occasion contracts increase gaming-law and consumer-protection issues. The dispute might assist resolve whether or not regulated prediction markets scale nationally or face a…
TL;DR SEC Commissioner Hester Peirce delivered a farewell speech titled “Peirce Out.” She criticized the company’s reliance on enforcement as a substitute of clearer rulemaking. She stated she would be part of Regent University School of Law in November 2026. Peirce Uses Farewell Speech To Criticize SEC Approach SEC Commissioner Hester Peirce used her farewell…
Ripple CEO Brad Garlinghouse intensified criticism of JPMorgan’s Jamie Dimon after accusing the banking govt of mischaracterizing the CLARITY Act, a proposed US crypto market framework. The dispute arrives at a pivotal second for digital asset regulation and will form institutional adoption in the months forward. Why is the CLARITY Act so Important The CLARITY…
Anthropic disabled entry to its Fable 5 and Mythos 5 fashions on June 12 after the US authorities issued an export management directive citing nationwide safety authorities to droop availability for any international nationwide. The order pressured Anthropic to comply instantly for all customers, although the corporate publicly disagrees with the underlying reasoning. As a…
The US Securities and Exchange Commission (SEC) has proposed rescinding Rules 611 and 610(e) of Regulation NMS, the trade-through rule that has formed US fairness market construction since 2005. Galaxy Digital’s Head of Firmwide Research, Alex Thorn, known as the rule “one of many greatest structural boundaries” to tokenized US equities buying and selling in…
President Donald Trump nominated former SEC Chairman Jay Clayton as Director of National Intelligence on Thursday. Clayton licensed the company’s landmark lawsuit in opposition to Ripple in 2020, making him probably the most consequential regulators in XRP’s historical past. The nomination requires Senate affirmation. Clayton at present serves as US Attorney for the Southern District…